Home > Terms > English, UK (UE) > Joint Select Committee on Deficit Reduction

Joint Select Committee on Deficit Reduction

Also commonly known as the "Super Committee," the Joint Select Committee on Deficit Reduction is co-chaired by Republican Representative Jeb Hensarling of Texas and Democratic Senator Patty Murray of Washington. Created on August 2nd by the Budget Control Act of 2011, the committee consists of six Democrats and six Republicans, each party represented by three members from the Senate and three members from the House.

The purpose of the Super Committee is to come up with feasible solutions to reduce the country's $15 billion deficit by $1.5 trillion over a span of ten years.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: People Category: Politicians

Mohammed ben Rachid Al Maktoum

Or Sheikh Mohammed bin Rashid Al Maktoum,he is the Prime Minister and Vice President of the United Arab Emirates (UAE), and absolute monarch of Dubai. ...

Contributor

Featured blossaries

Forex Jargon

Category: Business   2 19 Terms

British Billionaires Who Never Went To University

Category: Business   4 6 Terms

Browers Terms By Category